Originations

The share of single-family constructions located in homeowner's associations grew to over 67% in 2020, according to the National Association of Home Builders.

Baby boomers downsizing, millennials entering their prime homebuying years and Gen Zers going for luxe rentals in trendy cities are among the trends to watch.

Back in 2018, Trump Administration officials attempted to have the case dismissed but the federal court system rejected its petitions.

The restrictions may be of interest to mortgage lenders who look to right-size by having more people multitask.

The plunge in mortgage volumes 2021 highs led to reduced business for insurers, while growing acceptance of attorney-opinion letters pose a greater competitive threat.

This was the fifth week in a row the Freddie Mac Primary Mortgage Market Survey reported a decline in the 30-year rate after peaking at 7.08%.

Jan Davis has been named acting president of the technology standards organization as the Mortgage Bankers Association conducts a search for a permanent replacement.

Average loan amounts also increased, with mean purchase sizes crossing back above the $400,000 mark.

And having a paperless process was an important reason for many in picking their originator, the National Survey of Mortgage Originations found.

Raising the threshold for qualification for Home Ready and Home Possible, which additionally offer price breaks to lenders, could do more to make homeownership more equitable, the Mortgage Bankers Association wrote in a letter to the Federal Housing Finance Agency.